Overview
What is Presbyterian Community Ministry Inc?
Presbyterian Community Ministry Inc is a compassionate nonprofit organization based in Auburn, Alabama, specifically at 143 East East Thach Avenue. Their primary mission is to assist low-income residents, primarily focusing on housing-related needs and expenses in Lee County, Alabama. They offer aid in various aspects, such as food assistance, emergency loans, and grants for unexpected expenses. With a dedicated team of one employee, their activities aim to provide vital support for those in need.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. This rating reflects the organization's overall performance in accountability and finance, indicating that while there are strengths, there are also significant areas needing improvement.
Presbyterian Community Ministry Inc demonstrates strong governance, with 100% independent board members and a robust program expense ratio of 91.27%. These factors suggest that the organization effectively allocates funds towards its mission-driven programs. Additionally, their liabilities to assets ratio of 0.39% points to a solid financial health, minimizing potential risks related to debt.
However, the organization has notable weaknesses, particularly in governance policies. The absence of a conflict of interest policy, whistleblower policy, and document retention and destruction policy indicates potential vulnerabilities in organizational transparency and ethics. Furthermore, the lack of publicly posting their tax forms could hinder trust and accountability. These areas require attention to enhance overall governance and public confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Presbyterian Community Ministry Inc legitimate?
Presbyterian Community Ministry Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Presbyterian Community Ministry Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $21,614
For more financial information, click here
What is the mission statement of Presbyterian Community Ministry Inc?
The Presbyterian Community Ministry Inc carries out a mission of compassion, primarily focusing on serving low-income residents in Alabama, specifically in Lee County. Their primary area of service is housing and related expenses. They aim to assist these individuals in various aspects, including housing, food, and emergency loans and grants for usual and unusual expenses. The organization's activities are geared towards improving the living conditions and financial stability of those in need.
Who is the CEO of Presbyterian Community Ministry Inc?
Ron Parsons is the President of Presbyterian Community Ministry Inc.
What is the revenue of Presbyterian Community Ministry Inc?
Presbyterian Community Ministry Inc's revenue in 2022 was $196,828.
Who are the executives of Presbyterian Community Ministry Inc and what are their salaries?
The average compensation at Presbyterian Community Ministry Inc during 2022 was $21,614. There is 1 employee and 40 volunteers at Presbyterian Community Ministry Inc.
Here are 4 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Presbyterian Community Ministry Inc?
Presbyterian Community Ministry Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Presbyterian Community Ministry Inc
Presbyterian Community Ministry Inc is dedicated to carrying out a ministry of compassion, primarily focusing on serving low-income residents in Alabama's Lee County. Their mission revolves around addressing the crucial areas of housing and related expenses for this vulnerable population. The organization aims to provide assistance in various aspects, including housing, food, and emergency loans and grants for unexpected expenses. By doing so, Presbyterian Community Ministry Inc strives to improve the lives of those in need, offering them a chance at a more stable and secure existence.
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Impact
October, 2024
Presbyterian Community Ministry Inc significantly impacts the lives of low-income residents in Lee County, Alabama, by providing essential support in housing and related expenses. The organization conducts a ministry of compassion that focuses on assisting individuals and families facing economic challenges. This includes addressing housing needs and offering food assistance, as well as emergency loans and grants for both usual and unexpected expenses. By alleviating financial burdens and ensuring access to basic necessities, the ministry helps foster stability and security for those in need, ultimately contributing to the overall well-being of the community.
This information is meant to be a general summary of Presbyterian Community Ministry Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $11,384
- Program Service Revenue: $2,710
- Gross Receipts: $226,004
Assets and Liabilities:
- Total Assets: $430,930
- Total Liabilities: $1,445
- Net Assets: $429,485
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOAN PAYBACKS
Revenue
$2,710
Organization Details
Founding Year
2002
Phone
(334) 887-3777Principal Officer
Ron Parsons
Main Address
143 EAST THACH AVENUE, AUBURN, AL, 36830
NTEE Category
Code: L82 - Housing
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